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Bank holding company $STI reported 1Q16 net income available to shareholders of $430MM or $0.84 per diluted share, up 4.6% versus $411MM or $0.78 per diluted share in 1Q15, helped by higher net interest income. Total revenue rose 5.4% to $2.09Bil in the quarter.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?